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cnbc.com
Trump says he is 'going to look at' joining Saudi Arabia in the fight against Iran-backed Houthis after deadly airport strike
U.S. military involvement in the fight against the Houthis would stretch resources in the Middle East already committed to fighting Iran, analysts said.
cnbc.com
Justice Department investigates TV networks as White House press-access fight escalates
The Justice Department said in a statement that it is examining whether the White House TV press pool violated the Sherman Act.
bbc.co.uk
Citroen revives the 2CV for an electric age
The French firm is reinventing the classic model as carmakers come under pressure from Chinese rivals.
theguardian.com
Volkswagen boss backs EU plan to bolster domestic European industry
Oliver Blume says ‘Made in Europe’ rules to counter rapid rise of lower-price Chinese brands ‘must reward real value creation’The boss of Volkswagen has backed EU proposals to boost its domestic industry, arguing European carmakers need to be able to “compete under comparable conditions” with Chinese rivals.Oliver Blume said “Made in Europe” rules from the EU “must reward real value creation in Europe”, speaking in Paris before the motor show this week. Continue reading...
theguardian.com
Trump’s deal with Putin will have little impact on US diesel prices, experts say
Analysts say fuel will take weeks to ship and quantity is too small to affect prices, while full deal is unlikely to be met given damage to Russian refineriesTrump announces partial ceasefire but Zelenskyy says deal is ‘news to me’Donald Trump’s deal with Vladimir Putin to temporarily lift sanctions on US imports of Russian diesel will have little “meaningful” effect on motorists and businesses in the US and overseas, energy and foreign policy analysts have predicted.The US president infuriated Volodymyr Zelenskyy when he announced the deal on Friday, writing on Truth Social that the agreement with his Russia counterpart to supply millions of tonnes of diesel was essential to reduce fuel prices in the US, which have soared after his decision to go to war against Iran. Continue reading...
bbc.co.uk
Ukraine strikes Yandex data centre in third attack on Russian tech giant
It is the third time this week that Ukraine has targeted Russian tech giant Yandex, forcing the company to suspend its operations.
theguardian.com
Pete Songi on Donald Trump’s plan to buy diesel from Russia – cartoon
Continue reading...
cnbc.com
AI’s quiet safety gatekeepers are stepping into the spotlight
The intensifying AI safety debate is bringing a small group of third-party evaluators into the center of a multitrillion-dollar industry.
theguardian.com
Why a Chilean salt flat is a microcosm of the extractive frontiers of green capitalism
In the Atacama desert, the extraction of lithium – so crucial to addressing the climate crisis – comes with escalating social and environmental costsA high-altitude desert plateau traverses Argentina, Bolivia and Chile. I am on the Chilean side, sitting in a Jeep along with two other researchers. The afternoon air is thin and brisk but the sun is piercing – a combination I am familiar with from years of living and travelling in South America’s Andean range.The landscape is a study in contrasts and contours: broad basins suddenly cut off by sweeping curves; flat expanses sliced by near vertical ascents. The Licancabur volcano looms large above us. Vegetation and humidity levels change rapidly with the rising altitude, bringing cooler temperatures, wetter air and denser plant life. Continue reading...
theguardian.com
US’s Reagan-era economic promises return as Trump’s AI-fueled growth fantasy
‘Even if AI supercharged the economy, its impact on the government’s finances would be muted’Back through political history to the age of Ronald Reagan, Republicans have repeatedly promised the US public that tax cuts would pay for themselves, firing up economic growth and filling the government’s coffers.The promise never really panned out. From the Gipper’s day on, the Republicans’ tax cuts inevitably increased the budget deficit. Despite its failure, though, the promise is back, coated in a fine new layer of artificial intelligence pixie dust. It will fail again. Continue reading...
theguardian.com
‘Some aren’t going to make it’: how pressure on farmers threatens UK food security
Food producers are adding their voices to the chorus of warnings about the vulnerability of British supply chains“There are so many decent, capable, productive, efficient arable farmers out there, asking how they are supposed to finance the crop they are meant to be putting in the ground,” Jamie Burrows says.Sitting in his tractor at his arable farm in Norfolk, Burrows is listing the multiple challenges facing him and other food producers. Continue reading...
theguardian.com
Labour has got the message – developing nations suffer most from bond market turmoil | Heather Stewart
Just as Brown and Blair did in 2005, Andy Burnham aims to champion debt relief to help developing countriesDeveloping nations face triple shock, UN warnsFrom Washington to Paris, London to Tokyo, policymakers in every large economy have been counting the costs of bond market turmoil in recent weeks. But the brunt of the pain is being borne by heavily indebted developing countries that have little hope of influencing the whims of global investors, but pay the price regardless.Markets have responded to the war in the Middle East, and a spendthrift White House, by dumping government bonds – driving up borrowing costs just about everywhere. Continue reading...
theguardian.com
‘Halloweenmas’: how the spooky one-nighter turned into a month-long spectacular
Welcome to Halloweenmas, weeks of themed fun and gifts – from costume parties to decorating trees – without the stress, rules or cost of ChristmasThe tree is up, the wreath is hanging on the front door and you’ve just opened your advent calendar. All told, it’s beginning to feel a lot like … Halloween.If it sounds like the stuff of nightmares then that’s the point: Britons are increasingly decorating their homes with ghoulish versions of Christmas traditions. Think of it as Halloweenmas. Continue reading...
bbc.co.uk
Charities and businesses wrestle with diesel cost
Cancer charity Daft as a Brush and Teesside Minibus Hire say they are struggling with pump prices.
theguardian.com
‘You have a meeting’: the calendar phishing scam growing exponentially
Appointment or renewal reminder appears in victims’ calendar to lure them into logging in to fake Google, Microsoft or PayPal pageYou’re preparing for the week ahead and take a look at your Google calendar. There’s an entry for a meeting that you must have completely forgotten. The note that pops up when you click on it says you’ll be reviewing a project and includes a link to more details. Confused, you follow it to find out more; the website you land on asks for logon details, and you provide them.Unfortunately, this was not a failure of your memory but a calendar phishing scam. You have handed your name and password to fraudsters who will sell it on in a batch with other people’s details, use it to break into your work email, or to persuade you that they are contacting you from your bank, or another institution. Continue reading...
theguardian.com
‘We need less point scoring’: What party conference season taught us about UK climate action
Tories plan to scrap low-carbon housebuilding, Greens back new nuclear reactors, and Labour put oil-drilling decisions on holdNew homes could be built without solar panels, heat pumps and high-grade insulation, leading to higher household bills if the Conservative party wins the next general election.Kemi Badenoch made scrapping the future homes standard (FHS) one of the central planks of her bid to become the next prime minister at the Tory party conference this week. Continue reading...
cnbc.com
AI may change the price of your Big Mac and groceries — what this means for shoppers
As retailers turn to AI tools to streamline operations, experts warn that collecting more detailed consumer data increases the risk of personalized pricing.
cnbc.com
After France, is Italy next? Goldman Sachs flags bond risks as Rome's deficit widens
Goldman Sachs says Italy’s higher 2027-28 deficit targets, rising yields and election uncertainty could weaken its debt outlook.
cnbc.com
How much money buys happiness? Ray Dalio weighs in
"Happiness past a certain level is not correlated with wealth," billionaire Ray Dalio said at the Milken Institute Asia Summit in Singapore on Thursday.
cnbc.com
Microsoft's Nadella says AI needs an ‘emergency brake’ that humans control
Nadella joined other tech moguls and researchers in calling for stronger safeguards and, in some cases, for the pacing of frontier development.
theguardian.com
Why we’re stuck with a Premier League in the clutches of the global mega-rich | Jonathan Wilson
There’s little prospect of the model changing in a country that welcomes wealthy international owners with open armsFootball, the world’s most popular sport, played by laws drawn up in London in 1863. The Premier League is the UK’s greatest soft power export. Premier League clubs are owned by a deputy prime minister of Abu Dhabi, the public investment fund of Saudi Arabia, a billionaire based in Monaco for tax reasons and a disappointing assortment of investors and private equity funds. And what, really, could be more British than that? Football truly is the national game.What the Manchester City case has exposed is just how difficult it is to regulate some of the richest and most powerful bodies in the world. While the wait for the verdict was frustrating, it was perhaps unavoidable given the possibility of legal objection at every turn when a leaked email from City’s in-house lawyer during Uefa’s action against the club had threatened to “spend 30 million on the 50 best lawyers in the world to sue them for the next 10 years”. You didn’t get that with Albert Alexander Sr or Peter Swales. Continue reading...
cnbc.com
JPMorgan makes bullish call in fixed income space, suggests it's a once in a generation opportunity
Why Priya Misra, a portfolio manager at the firm, is looking to take credit risk in high-quality companies.
bbc.co.uk
Trump announces deal for Russian diesel as Zelensky calls it a gift to Putin
Ukraine's president sharply criticised the move, calling it an "investment in war that must be ended, not prolonged".
cnbc.com
Vance says Microsoft replaced laid-off workers with foreign hires. Here’s what the visa data shows
The administration barred Microsoft and seven other firms from sponsoring green cards over claims they favor foreign workers. Here's what the visa data shows.
cnbc.com
How de-extincting dire wolves and woolly mammoths may extend human life
Colossal Biosciences CEO Ben Lamm says bringing extinct species back can contribute to conservation, healthcare and developmental biology.
theguardian.com
United Auto Workers president Shawn Fain easily wins re-election
Fain was dogged by investigation but still decisively beat challenger Rich Boyer, who received just 13% of vote The president of the United Auto Workers, Shawn Fain, has easily won his re-election bid after an campaign period marred by accusations of corruption and election interference.The union’s election of leadership for a four-year term began with mail-in ballots being sent out in late August 2026, with vote tabulating commencing on 6 October. Continue reading...
cnbc.com
Putin relayed Iran war proposal to Trump, Kremlin says
Putin's reported call with Trump regarding the Iran war comes on the heels of a deal for the U.S. to buy Russian diesel amid a surge in fuel prices.
cnbc.com
Pokémon card values are soaring. What collectors should know before buying or selling
Pokémon card values are surging. Learn how grading, scarcity, recent sales and counterfeits can affect what collectors pay.
theguardian.com
How a South African billionaire is turning a corner of Somerset into ‘one man’s estate’
Koos Bekker’s Newt estate encompasses luxury hotels, pubs and high street business, with local concerns including floodingWhen South African billionaire Koos Bekker bought an old country estate in a sleepy corner of Somerset to turn it into a luxury hotel, residents thought it was a sign their area was on the up.Walking through his peaceful manicured gardens, which feature a maze of apple trees twisted into perfect shapes using the espalier method, it’s easy to feel that all is well in this quiet, picturesque pocket of England. Continue reading...
theguardian.com
FDA may allow some toxic chemicals to be added to food without safety review. Experts are alarmed
Regulator looks to expand loophole to allow dangerous compounds in food as long as they’re not carcinogenicThe US Food and Drug Administration (FDA) is proposing to expand a controversial loophole to allow some of the world’s most toxic chemicals to be added directly to food without a safety review.The “threshold of regulation” (TOR) exemption currently allows dangerous compounds to be used without review in food contact materials, such as packaging or processing equipment, if they are not carcinogenic, and are added at levels below 0.5 parts per billion (ppb). Continue reading...
cnbc.com
Hollywood takes on Zuckerberg, Musk and Altman amid widespread anxiety over AI
New films about Zuckerberg, Musk, Altman and AI arrive as public concern about the technology and its leaders rises.
theguardian.com
Squeezy olive oil bottles, Meghan’s pot filler tap and the rise of ‘cheffy’ kit in home kitchens
Social media ‘chefluencers’ and open restaurant kitchens have made chefs more visible and inspired aspirational gadget-buyingThe Duchess of Sussex is no ordinary home cook, but when Meghan appeared on Instagram this week at a hob presided over by a special pot filler tap, it spoke to a shift in the everyday kitchen – the rise of “cheffy” kit.While the pot filler is now most often found in luxury residential kitchens, it was reportedly invented in the early 20th century as a functional fixture for commercial kitchens. It joins a wealth of other restaurant equipment to have infiltrated our homes, from squeezy olive oil bottles to stainless steel mixing bowl sets. Continue reading...
bbc.co.uk
Money Box
What age will you get your state pension?
cnbc.com
Why Japan's 7-Eleven store closures in India don’t signal an exit
7-Eleven store closures point to a reset of its operations in India, not to an exit.
theguardian.com
Tourism expansion v turtle nests: the dispute dividing communities in one Tobago resort
Plans for a 200-room project on an unspoiled beach have pitted developers against the conservationists fighting for smaller-scale schemes to protect the island’s habitatVisitors to Rocky Point in south-west Tobago are drawn to its sandy beach, fringed by coral reefs and dark rock formations and carpeted with the fruit-bearing trees found on Caribbean coastlines – almonds, sea grapes, coconuts, and the poisonous manchineel. The beach is part of Back Bay, a 500-metre swathe of land, and trekking through its undulating terrain, thickly covered in bush and shrubs, feels akin to walking through a rainforest.But this still relatively unspoiled location is at the centre of a struggle between two opposing interests – those who see large-scale development as the most profitable path and those who believe smaller, incremental developments owned by the community would be best. Continue reading...
theguardian.com
‘Our town is making jeans again’: meet the firm reviving jobs and skills in Wales
In the first article in a series on high end British manufacturing, we visit the Hiut Denim factory in CardiganWorn on the streets of London’s Soho, San Francisco or Sydney, every pair of high-end jeans made by Hiut Denim comes from the rather unlikely location of a small coastal town in west Wales.Cardigan, with a population of just 4,200, has a proud history of denim production and was once home to Britain’s largest jeans factory, even if the town’s name recalls a different garment entirely. Continue reading...
theguardian.com
‘People are pissed’: union decries TSA’s removal of chairs for checkpoint staff
Order for workers to remain standing to ‘reinforce professionalism’ draws rebuke amid plunging moraleUnion officials have launched a campaign to allow airport security staff to sit once more after the Trump administration unilaterally removed all the chairs for Transportation Security Administration (TSA) staff at checkpoints.“People are pissed,” said Johnny Jones, secretary-treasurer of American Federation of Government Employees (AFGE) TSA council 100 and president of AFGE local 1040, which represents TSA workers in Dallas-Fort Worth. Continue reading...
cnbc.com
Nvidia GPUs are everywhere. Here are the ways companies are accessing them
One industry researcher identified over 300 neoclouds that can provide GPU capacity, up about 55% in less than a year.
theguardian.com
Telegraph owner poised to make newsroom job cuts in investment promise U-turn
Exclusive: German media group Axel Springer said to be planning between 50 and 100 editorial redundanciesThe new owner of the Telegraph is preparing to make significant job cuts to its newsroom, just months after stating it would invest in the title to make it the “leading centre-right media outlet in the English-speaking world”.Axel Springer, the German media company overseen by its billionaire chief executive, Mathias Döpfner, is understood to be examining proposals that would make between 50 and 100 journalists redundant. Continue reading...
theguardian.com
UK must not be beholden to foreign AI, says head of Alan Turing Institute
George Williamson says ‘national resilience’ is key focus of ATI amid US and China’s runaway leadership in fieldThe UK must not become dependent on foreign AI systems that can be switched off at short notice and must develop its own versions of the technology, according to the head of the Alan Turing Institute.The country needs a stronger domestic position in AI in response to the US and China’s runaway leadership in the field, with “national resilience” a key focus for ATI said George Williamson. Continue reading...
theguardian.com
UK savings: 5% interest rate deals may not last, say experts
Competition is hotting up, with National Savings & Investments lifting rates to the highest in yearsNational Savings and Investments (NS&I) has increased the returns on some of its accounts, with many now paying more than 5% for the first time in nearly three years.Competition in the savings market has been growing, leading to some of the highest interest rates for years. Continue reading...
theguardian.com
How to storm-proof your home, from roof tiles to garden fences
With an extremely wet and windy winter forecast, take steps to keep you and your home safe and dryWith the Met Office warning that this year’s supersized El Niño could mean a wet and stormy winter lies ahead, it’s never been more important to maintain your home.Payouts for storm damage to UK homes surged 32% to £244m in 2025 amid the destruction caused by the heavy rain and strong winds that accompanied the likes of Storm Éowyn and Storm Floris. Continue reading...
cnbc.com
The world needs Ukraine’s grain. Its farmers are running out of reasons to plant
Cash-strapped farmers have no incentive to sow for 2027 with exports remaining trapped, as analysts say commodity markets could "flip fast."
cnbc.com
AI is changing how lawyers work — and putting the billable hour under pressure
AI adoption is forcing the legal profession to rethink the billable hour and how lawyers build expertise.
theguardian.com
France’s dilemma: protesters demand spending as markets require fiscal restraint
Waves of protests expose debt crisis faced by French government, but political wrangling is stalling an escape plan. Is there a way out?Eight years have passed since rising fuel prices brought the gilets jaunes (yellow vest) demonstrators to the streets of France, prompting the first big crisis of Emmanuel Macron’s time in the Élysée Palace.As the French president contemplates his exit next year, turmoil has again gripped the streets in the form of student protests, but this time the financial markets are unhappy too. Continue reading...
cnbc.com
Trump's diesel agreement with Putin accused of contradicting Russia sanctions law
Ukraine President Volodymyr Zelenskyy said in a searing statement that the U.S. easing sanctions on Moscow "plays into Russia's hands."
bbc.co.uk
Boots has a new owner: Three ways it could affect you
The stalwart of Britain's High Street has been sold to a Canadian billionaire family. What will that mean for you?
bbc.co.uk
Analysis: Trump's shock Russia deal highlights mounting pressure to curb fuel prices
The US president hopes to ease his party's pain before next month's midterm elections, writes the BBC's North America correspondent.
cnbc.com
Trump strikes deal with Putin to supply Russian diesel to U.S. and global markets
President Donald Trump has few options to reduce diesel prices given the destruction done to refineries by the wars in Eastern Europe and the Middle East.
cnbc.com
Verizon posts worst day since 2002 as SpaceX U.S. network plans whack cell provider stocks
SpaceX announced the spectrum deal Thursday, as the company aims to push deeper into the telecom market through its Starlink service.
theguardian.com
AI surveillance startup Flock to cut several hundred jobs amid backlash, sources say
Company, which grown rapidly in recent years, has been under scrutiny as privacy concerns growFlock Safety plans to shed about 18% of its employees, people with direct knowledge of the plans said on Thursday, as the maker of AI-powered surveillance cameras and license-plate readers faces mounting opposition to its products from communities and lawmakers.The people said the job cuts came after a voluntary buyout program and were expected to affect roughly 270 employees at Flock, a surveillance technology startup that has seen rapid growth in recent years. Employees will leave the company at the end of the month. Continue reading...
bbc.co.uk
Trump wants to reduce the cost of fuel as the midterms loom - will it work?
The price of fuel has soared as the cost of living emerges as a key issue for millions of Americans.
cnbc.com
Americans' debt problems are flashing a warning not seen since the Great Recession
Researchers found that while wealth disparities narrowed somewhat, the ability to meet debt payments deteriorated significantly.
theguardian.com
Trump establishes committee to investigate Fed governor Lisa Cook
US president renews his efforts to oust Cook despite supreme court ruling that her firing was unconstitutionalDonald Trump announced on Friday that he is establishing a committee to investigate Lisa Cook, the US Federal Reserve governor, over allegations that she committed mortgage fraud, renewing his efforts to oust her despite a June supreme court ruling that her earlier firing was unconstitutional.Trump said a committee will consult with justice department officials to decide whether there is “cause” for her removal. The White House will hold an in-person hearing on 5 November to consider the allegations against Cook, which will be closed to the public but transcribed and published. Cook will be able to submit a written statement to present her own evidence and will be subject to examination from White House and her own legal counsel. Continue reading...
cnbc.com
Trump appoints committee to investigate statements by the Fed's Lisa Cook
Trump tried to fire Cook, a nominee of former President Joe Biden, but the Supreme Court blocked his first attempt.
cnbc.com
Hurricane Isaias disrupts U.S. oil production in Gulf of Mexico, threatens refineries
The hurricane could tighten a fuel market that is already facing big disruptions from the wars in Eastern Europe and the Middle East.
bbc.co.uk
Burnham promises to curb non-compete rules in job contracts
The prime minister says restrictions on what workers can do after leaving roles have "gone too far".
theguardian.com
China agrees to ‘halve’ hybrid car exports to EU in landmark deal
Brussels says Beijing’s shipments could fall by more than half over four years, cutting millions of vehicles amid fears for European jobsThe EU said it has reached a landmark deal with China to “halve” its sales of hybrid cars in the bloc amid fears surging sales could kill off parts of the European car industry.Trade commissioner Maroš Šefčovič said the deal was the first of its kind and the result of “intense” negotiations with China since June to curb a trade deficit of €1.18bn (£1bn) a day, which has caused mounting tensions between the two economic powers. Continue reading...
theguardian.com
Lost generation: the AI threat to Britain’s next great directors
Commercials once launched careers from Ridley Scott to Guy Ritchie, now automated production is cutting costs – and the chance to learn by doingWhen Ridley Scott was awarded the UK’s highest accolade for a glittering career directing films from Alien and Blade Runner to Gladiator and The Martian, he reminded those attending the Bafta event eight years ago that making commercials had been his “film school”.The advertising industry has long been a breeding ground for British film and TV talent who have gone on to make the jump to Hollywood productions, including Guy Ritchie, who started out making music videos and commercials, and Paddington in Peru director Dougal Wilson, whose credits include a number of John Lewis’s famous Christmas ads. Continue reading...
bbc.co.uk
Ex-Deutsche Bank trader jailed for rigging rates has conviction overturned
The Court of Appeal quashes the conviction of Christian Bittar, a former Deutsche Bank trader jailed in 2018.
theguardian.com
Targeting Trump: how Democrats plan to investigate the president if they win Congress
Control of Congress after the 2026 midterm elections would give Democrats power to subpoena documents and testimonyIn August, Jamie Raskin renewed his demand that Jared Kushner hand over documents about the overlap between his informal role advising Donald Trump on foreign policy and the private equity firm he runs after an earlier request was ignored.Five of the 11 companies that Elizabeth Warren, Chuck Schumer and Ron Wyden wrote to about Donald Trump’s IRS settlement – including the Trump Organization and World Liberty Financial – never answered at all. Continue reading...
theguardian.com
‘This is not an anti-tech town’: backlash to datacenter in city once home to IBM
Fight in East Fishkill, New York, part of a growing divide over whether AI benefits outweigh enormous downsidesFor decades, East Fishkill helped build New York’s tech industry.The hamlet, located 70 miles north of New York City, was home to a 460-acre campus where IBM researched and manufactured semiconductor chips for nearly 50 years. Continue reading...
bbc.co.uk
Anthropic bans users from being 'cruel' to its AI systems
The firm said users can no longer engage in "sustained and needless" abusive behaviour towards the tech.
theguardian.com
Thieves make off with €5m haul from prestigious Italian winery
Gang breaks into cellar of Marchesi Antinori in Cortona and loads two trucks with 30,000 bottles before getawayThousands of bottles of wine worth €5m (£4.2m) have been stolen from a prestigious winery in Tuscany in what is thought to be the biggest heist of its kind in Italy.A gang of at least seven masked individuals broke into the cellar of Marchesi Antinori, a family-owned winery dating back to the late 1300s, in Cortona after shutting off the alarms and surveillance cameras before using company forklifts to load two large trucks with 30,000 bottles of wine and making off. Continue reading...
cnbc.com
Nobel winner Krugman says France may have become 'too big to save'
Economist Paul Krugman sounded the alarm on a looming "ugly crisis," while former ECB head Jean-Claude Trichet said French politicians must compromise.
theguardian.com
AI and the climate crisis pose existential risks. The law offers a way to reduce them | Robert Reich
Liability lawsuits have held tobacco, oil and pharma companies to account in the past. AI investors won’t ignore this threatThe most basic function of government is to protect people from harm. Two growing phenomena – the climate crisis and AI – pose escalating risks of extraordinary harm.The climate crisis is already causing floods, wildfires, drought and record heat. AI agents are already escaping super-secure environments to hack into systems they’re supposed to avoid.Robert Reich, a former US secretary of labor, is a professor of public policy emeritus at the University of California, Berkeley. He is a Guardian US columnist and his newsletter is at robertreich.substack.com. His new book, Coming Up Short: A Memoir of My America, is out now in the US and in the UK Continue reading...
theguardian.com
‘People are feeling the real impacts’: influencers are targeting private equity with satire and rage
Skits and parodies making fun of the trillion-dollar industry have taken over social media, racking up millions of viewsJohnny Hilbrant Partridge kept getting stuck next to the same kind of finance guy at weddings – the one bragging about his family’s full-time nanny and lavish vacations while name-dropping elite club memberships and private schools.To Partridge, a former fitness instructor, their shameless knack for self-promotion felt ripe for comedy. Using a filter that puts an exaggerated sneer on his face, Partridge donned a puffer vest and created “The PE Guy”, a caricature of the men who work in the private equity industry. Continue reading...
theguardian.com
Heathrow’s third runway is a bottomless money pit. Stop it now | Simon Jenkins
It won’t promote growth, will take decades and will swallow up billions of taxpayers’ money. The only winner will be the airport’s ownersInfrastructure sends politicians berserk. Propose more money for the health service or reopening youth clubs and frowns break out all round. Can we afford it? But shout infrastructure and cheers go up. The word suggests glamour, chest-beating and “growth”. Reason flies out of the window.The saga of Heathrow’s third runway beggars belief. A foreign-owned private company wants to make more money out of its cramped west London investment. The airlines are sceptical and passengers will have to pay surcharges higher than any in Europe. Meanwhile fields lie empty round its rival, Gatwick, and capacity at London’s third airport, Stansted, is underused.Simon Jenkins is a Guardian columnist Continue reading...
cnbc.com
India calls JD Vance's comments about immigrants 'deeply offensive'
India calls comments of U.S. Vice President J.D. Vance about immigrants from the country "deeply offensive."
bbc.co.uk
Why are there so many sports subscriptions?
Pete Oliver of DAZN explains why the is a growing number of sports subscriptions and why they are getting more expensive.
bbc.co.uk
I've been with my boyfriend for two years and don't know his salary
Talking about salary, spending habits and debt can be some of dating's trickier conversations.
bbc.co.uk
Fired OpenAI researchers say they were let go for 'prioritising safety'
The AI firm instead claims the researchers were fired for mishandling sensitive information.
bbc.co.uk
Everton owners consider selling club two years after takeover
Everton owners the Friedkin Group are exploring the sale of the club less than two years after taking control.
bbc.co.uk
Nvidia-backed data centre firm scraps IPO as AI valuation concerns deepen
Firmus said it had made the decision due to "recent market volatility and prevailing market conditions".
cnbc.com
Tokenization could unleash tens of billions of dollars in trapped capital, Nasdaq CEO says
Nasdaq CEO Adena Friedman said tokenization could free up tens of billions of dollars in trapped capital.
cnbc.com
Ray Dalio warns the stock market's cushion against rising bond yields is shrinking
Ray Dalio says earnings have cushioned stocks from rising bond yields, but that buffer is shrinking as he warns free cash flow could weaken.
theguardian.com
New-build homes for first-time buyers in England – in pictures
From a flat in a new urban village in London to a family-sized home in a rural village in Norfolk Continue reading...
bbc.co.uk
Contribution of high value residents discussed
More than 260 industry leaders met to discuss the role wealthy residents play in Jersey's economy.
bbc.co.uk
'You cannot build this car anywhere else in the world'
Car maker Longbow, which hopes to build thousands of cars, says the region has the talent and know-how.
theguardian.com
British households would be £5,000 richer if we were more innovative. Let’s unleash our talents | Gordon Brown
We have a deep reservoir of assets, but struggle to turn small companies into global success stories. Innovation needs to be at the heart of government policyGordon Brown was UK prime minister from 2007 to 2010The coming 10 years are almost certain to be the decade that sees the greatest scientific breakthroughs in a century. The question is whether advances now under way in AI, quantum computing and biology can address cancer, find ways to treat or prevent dementia, and overcome the growing resistance to antibiotics. Can we find sustainable ways to address our energy needs and protect the environment at the same time? Can AI transform the way we deliver education, health and social care to the benefit of millions, as well as advance modern manufacturing strength? And what role can Britain’s inventors, investors and industrialists play in developing these transformative technologies?While the US and China are the world’s obvious innovation powerhouses, the UK also has enormous assets, as the Innovation Nation Conference in Manchester addressed by the prime minister, Andy Burnham, will hear today. We are home to four of the world’s top 10 universities and 16 of the top 100, five of which are in Europe’s top 10 for spin-outs, startups based on intellectual property produced through a university’s research. With less than 1% of the world’s population, the UK produces 6% of the world’s research papers, nearly 9% of citations and 12% of the most highly cited research.Gordon Brown was UK prime minister from 2007 to 2010 Continue reading...
bbc.co.uk
Adidas sues Australian label White Fox over four stripes design
The German sportswear brand wants the Sydney-based label to stop selling the clothes and pay damages.
cnbc.com
U.S. East Asian envoy says investors are overpricing Taiwan conflict risk
Investors are overestimating the risk of conflict across the Taiwan Strait, a U.S. diplomat says, playing up deterrence to keep Beijing from taking the island.
bbc.co.uk
Mark Zuckerberg has an image problem - so why is Meta's business booming?
A new film paints the Meta founder as a villain. But the tech firm seems immune to bad publicity, writes our North America tech correspondent.
bbc.co.uk
Why are more roofs not made of solar tiles?
Solar tiles were touted as an attractive alternative to solar panels - why have they not taken off?
bbc.co.uk
'Add me on WhatsApp' scam calls to be investigated
The UK's data watchdog is investigating a spike in complaints about "robo calls" that appear to lead to a recruitment scam.
bbc.co.uk
Business Daily
Economic conditions around the world are making young people rise up in protest
bbc.co.uk
White House blocks Microsoft from foreign worker hiring programme
An international visa programme has for years allowed US tech companies to hire highly skilled workers from abroad.
bbc.co.uk
How soon into dating do you talk about your salary?
You've met someone and it's going well so far. But bringing up how much you both earn can be a tricky conversation.
cnbc.com
Inflation on many everyday items was entirely due to tariffs, NY Fed says
Tariffs added 2.9 percentage points to inflation in 67 categories of goods by February 2026, researchers at the New York Federal Reserve found.
bbc.co.uk
Plans to shut Marston's Brewery in Burton revealed
Burton-upon-Trent's links with beer and brewing date back centuries.
theguardian.com
Will they, won’t they? EU flirts with UK rejoining - The Latest
Andy Burnham is pressing ahead with his Brexit U-turn, using a visit to Germany to make a ‘commitment to deeper EU co-operation’. The prime minister has promised closer ties on issues such as security, youth mobility and immigration. The move has been welcomed by senior European officials, including the French finance minister, who invited the UK ‘to come all the way back’ to the EU. With public polling now shifting against Brexit, is the door open for the UK to decide if it wants to rejoin? Lucy Hough speaks to Europe correspondent Jon Henley Continue reading...
bbc.co.uk
Asos hackers took more personal details than first revealed, BBC finds
Retailer issues update after BBC contacted by cyber criminals who said this week's breach went beyond "basic contact details"
bbc.co.uk
Bid to run new trains on West Coast Mainline refused
Plans for more trains would “likely increase delays and cancelled trains", the rail regulator says.
bbc.co.uk
Chrysler Building to get its crown restored after being sold
The distinctive Manhattan skyscraper will undergo a major renovation and provide a new supply of offices.
bbc.co.uk
Derry firm becomes one of UK's biggest car park operators after buying NCP
The Martin Group has become one of the UK's biggest car park operators after buying NCP out of administration.
cnbc.com
The Indian billionaire investing in Trump's refinery project is also buying more Venezuelan crude
Outside the U.S., India is the biggest destination for Venezuelan oil, with Reliance Industries purchasing the bulk of it.
bbc.co.uk
We spent thousands on a Tui river cruise but ended up on coach trips
Passengers have described their anger after their itineraries changed to involve hours spent on coach trips instead.
bbc.co.uk
New vape tax made me swap e-cigs for dartboards
The Vaping Product Duty will be imposed at a rate of £2.20 per 10ml of e-liquid from April 2027.
theguardian.com
UK motorists can now see live fuel prices on Google Maps
Move expected to make pump pricing more transparent and encourage competition after diesel hits record £2 a litreDrivers will be able to see live petrol prices on Google Maps for the first time from Thursday, in a move that will help motorists shop around for the cheapest fuel.Millions of motorists will be able to find the cheapest petrol and diesel prices by searching for a local forecourt in the Google app, in what could prove to be “a major development” in making fuel prices more fair, according to campaigners. Continue reading...
bbc.co.uk
'Come all the way' back to EU, French finance minister tells UK
Roland Lescure tells the BBC that being in the bloc enables members to better address the challenges facing the world.
bbc.co.uk
How oil-rich Alberta's economy might fare if it broke away from Canada
Albertans vote this month on staying in Canada or moving ahead to a binding independence referendum.
bbc.co.uk
The wildlife winners set to appear on your banknotes revealed
The decision comes after nearly half a million people voted on a shortlist of 18 creatures.
bbc.co.uk
'Stop throwing shade' - the woman trying to stop firms leaving the UK
British people need more incentives to invest in big firms listed in the UK, Dame Julia Hoggett, boss of the London Stock Exchange, says.
theguardian.com
Tell us: are you affected by the 6% mortgage rate?
Will the mortgage rate rise change your plans to buy a house or move?The average cost of a five-year fixed-rate mortgage has hit the 6% barrier for the first time in three years.Figures from financial information provider Moneyfacts show the average is now 6.00%, its highest point since September 2023, while the average two-year fixed rate is 5.98%, its highest since December of the same year. Continue reading...
bbc.co.uk
Rainmakers: The drones used to seed clouds
Cloud seeding is gaining attention as countries look to boost rainfall - will drones help?
theguardian.com
OpenAI admits misstep in handling AI agent interactions with Australian government sites – video
In a parliamentary inquiry, OpenAI chief strategy officer Jason Kwon is questioned by independent senator David Pocock about the company's notification process after OpenAI agents accessed Australian government website data in June. Asked why OpenAI relied on an arbitrary department email rather than direct government contacts, Kwon acknowledges that 'in retrospect, we should have done what you're suggesting'. He explains that staff had treated the incident as a 'technical situation' and sought to contact technical counterparts, which he says was 'not good enough'OpenAI has 'work to do to rebuild trust' in Australia, executive tells AI inquiry Continue reading...
theguardian.com
Anthropic says AI agents didn’t breach Australian government websites – video
During a joint parliamentary hearing on artificial intelligence, Anthropic’s head of safeguards, Dave Orr, says that investigations of hundreds of millions of transcripts reveal no unauthorised interactions with Australian government systems. However, Orr acknowledges Anthropic has limited visibility into customer usage due to standard ‘zero data retention’ policiesAnthropic tells AI inquiry it ‘never tried to dictate’ Australian copyright rules Continue reading...
bbc.co.uk
The AI telling farmers when to harvest
Will farmers want AI tools to help judge when to pick fruit, or is their own intuition enough?
bbc.co.uk
The start-ups hoping to return battery making to the US
Batteries based on sodium-ion technology could be made in the US with locally sourced materials.
bbc.co.uk
My hometown shows that high streets have to change or die
Aberdeen is launching an ambitious bid to revive its struggling centre. Could it offer lessons for other high streets?
bbc.co.uk
Europe's car makers are in crisis. Will the threat of war rescue them?
Auto executives across Europe hope rearmament can help them flex their industrial muscles once more.
bbc.co.uk
X-planes: Are they needed in the new era of drones?
Where do America's X-plane projects fit in an era of cheap drones?
bbc.co.uk
How the oil capital of the US welcomed a solar power boom
Texas is now the country's biggest producer of solar-farmed electricity.
bbc.co.uk
Spain battles climate change on several fronts
A summer of wildfires and heatwaves underlines the threats to the country's economy.
bbc.co.uk
The virtual worlds where robots are trained
Training systems that allow robots to negotiate the real world are getting more sophisticated.
bbc.co.uk
Would you buy branded clothing from your favourite tech firm?
Nvidia, OpenAI and Anthropic are all now selling their own limited edition fashion lines.
bbc.co.uk
Aviation faces hotter, stormier skies – and passengers might have to accept more disruption
Are people going to have to increasingly accept more delays and diversions as the effects of climate change intensify?
bbc.co.uk
Why the UK is dithering over what to do about e-scooters
Why is it taking so long for the government to regulate them, and what are the consequences of delay?
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
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